Red Wing, MN Real Estate

According to census data in the year 2000 there were 6,860 housing units in Red Wing. This represents a 11.1% growth from 6,176 in 1990.

Of those housing units, 6,252 were located in either urbanized areas or urban clusters, and 608 were located in what is classified as a rural area.

Homeownership rate in Red Wing is about 71.6%. Red Wing's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Red Wing were built after 1963.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom13.30%
Two Bedrooms31.20%
Three Bedrooms38.10%
Four Bedrooms14%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1961
Median Value of occupied units$112,800
Median Price asked for vacant units$108,300

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1971
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.70%
Home Equity Loan13.30%
Simple Mortgage46.30%
Debt Free32.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%